HomeMy WebLinkAboutResolution 2014-121 Approving transfer of up to $800,000 in budgeted expenditure from General FundMARANA RESOLUTION NO. 2014 -121
RELATING TO ADMINISTRATION; APPROVING THE TRANSFER OF UP TO $80000
IN BUDGETED EXPENDITURE AUTHORITY FROM THE GENERAL FUND
CONTINGENCY LINE ITEM TO THE HERITAGE PARK, SPLASH PAD PROJECT IN THE
FISCAL YEAR 2014 -2015 BUDGET FOR EXPENSES RELATED TO THE
CONSTRUCTION OF THE SPLASH PAD AT THE MARANA HERITAGE RIVER PARK
WHEREAS A.R.S. § 9 -276 authorizes the Town of Marana to lay out and establish Town
parks and pursuant to this authority the Town has established the Marana Heritage River Park;
and
WHEREAS Initiative 5 of the Heritage focus area in the Marana Strategic Plan II is to
develop the Marana Heritage River Park and Initiative 1 of the Recreation focus area is to devel-
op quality parks and recreational amenities; and
WHEREAS on March 5, 2013, the Town Council approved the Marana Heritage River
Park Master Concept Site Plan which included construction of a splash pad; and
WHEREAS on June 17, 2014, the Town Council adopted the fiscal year 2014 -2015
budgetary document and overall financial plan which set the legal level of budgetary control at
the department level for the General Fund and at the fund level for all other funds; and
WHEREAS the fiscal year 2014 -2015 budget included $2,000,000 placed into the Gen-
eral Fund contingency line item and earmarked for the development of the Marana Heritage Riv-
er Park, and
WHEREAS the Town Council desires to transfer budgeted expenditure authority of up to
$804,000 from the General Fund contingency line item to the Ieritage Park, Splash Pad project
for expenses related to the construction of the splash pad; and
WHEREAS transferring budgeted expenditure authority from the contingency fund of up
to $800,000 within fiscal year 2014 -2015 will not significantly impact the General Fund; and
WHEREAS reallocations of budgeted expenditure authority between the contingency line
item in the General Fund to other line items are necessary from time to time; and
WHEREAS the Council finds that the reallocation addressed by this resolution is in the
best interest of the Town of Marana and its citizens.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE
TOWN OF MARANA, ARIZONA., AS FOLLOWS:
Marano Resolution No. 2014 -121 - 1 -
SECTION 1. The transfer of up to $800,000 in bud expenditure authorit from the
General Fund's bud contin line item to the Herita Park, Splash Pad project in the
contin
fiscal y ear 2014-2015 bud for expenses related to the construction of the splash pad at the Ma-
rana Herita River Park is hereb approved.
SECTION 2. The Town's Mana and staff are hereb directed and authorized to under-
take all other and further tasks re or beneficial to carr out the terms, obli and ob-
jectives of this resolution.
PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF
MARANA, ARIZONA, this 2nd da of December, 2014.
ATTEST:
Bronson, Town Clerk
Ma Ed'konea
APPROVED AS TO FORM,
rFra assid Town Attorne
Marana Resolution No. 2014-121 - 2 -